Barings BDC Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	70.31	91.34	70.53	139.42	84.25	89
Cash & Short-Term Investments	70.31	91.34	70.53	139.42	84.25	89
Cash Growth	11.99%	29.51%	-49.41%	65.47%	-5.33%	304.70%
Accounts Receivable	41.5	39.91	51.6	42.74	33.65	21.62
Other Receivables	94.38	16.43	1.3	19.97	219.73	47.41
Receivables	135.89	56.34	52.9	62.71	253.38	69.03
Prepaid Expenses	1.01	1.75	3.56	1.08	3.36	1.16
Restricted Cash	12.9	-	-	-	-	3.49
Other Current Assets	58.09	88.27	57.8	54.59	16.34	14.46
Total Current Assets	278.2	237.69	184.79	257.8	357.33	177.13
Long-Term Deferred Charges	7.38	8.7	3.95	3.22	2.99	4.11
Other Long-Term Assets	2,536	2,449	2,489	2,449	1,801	1,496
Total Assets	2,822	2,696	2,677	2,710	2,161	1,677
Accounts Payable	6.13	5.57	2.95	0.97	2.34	6.05
Accrued Expenses	27.25	32.54	25.07	16.29	15.94	6.31
Current Portion of Long-Term Debt	142.5	-	-	-	-	-
Other Current Liabilities	1.64	9.39	11.27	16.68	1.16	1.34
Total Current Liabilities	177.51	47.51	39.29	33.94	19.44	13.69
Long-Term Debt	1,477	1,450	1,440	1,448	1,373	944
Other Long-Term Liabilities	0.55	7.38	1.11	35.57	26.79	1.55
Total Liabilities	1,655	1,505	1,481	1,518	1,419	959.23
Common Stock	0.11	0.11	0.11	0.11	0.07	0.07
Additional Paid-In Capital	1,845	1,847	1,854	1,856	1,028	1,028
Retained Earnings	-677.95	-656.73	-658	-663.75	-285.82	-309.97
Shareholders' Equity	1,167	1,190	1,197	1,192	741.93	717.8
Total Liabilities & Equity	2,822	2,696	2,677	2,710	2,161	1,677
Total Debt	1,620	1,450	1,440	1,448	1,373	944
Net Cash (Debt)	-1,549	-1,359	-1,370	-1,309	-1,288	-855
Net Cash Per Share	-14.71	-12.85	-12.80	-12.72	-19.73	-17.60
Filing Date Shares Outstanding	105.16	105.41	106.07	107.92	65.32	65.32
Total Common Shares Outstanding	105.16	105.41	106.07	107.92	65.32	65.32
Working Capital	100.68	190.19	145.51	223.86	337.88	163.44
Book Value Per Share	11.10	11.29	11.28	11.05	11.36	10.99
Tangible Book Value	1,167	1,190	1,197	1,192	741.93	717.8
Tangible Book Value Per Share	11.10	11.29	11.28	11.05	11.36	10.99

Updated Nov 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q